Hanza AB (publ) (HANZA) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. A warm welcome to this presentation of Hansa's first quarter 2025. I'm Erik Stenfors, the CEO of the company and I will be glad to give you this update together with our CFO Lars Åkerblom. So as we all know we are in a turbulent period of the global economy and therefore we are pleased to present a solid report but also a clear roadmap for the future and to provide a better understanding where we are right now and where we are heading we will start with a short general overview So for many years, the traditional routes for global manufacturing have been blocked one by one for various reasons. We see some examples on this slide. And it was the pandemic who opened the eyes how fragile the global supply chains are. And now this year, with the new administration in the US, it's become even more complicated with global manufacturing. They are imposing these new tariffs and the question is then where is Hansa in all this in this new manufacturing landscape? Where are we? Well, from the start we have had our concept to have local and complete manufacturing. There's a feature of Hansa we have combined different kind of manufacturing technologies. You see some of them on this slide so we can offer both mechanics and electronics and cable harness is a good advantage for our customers. And now we're up to about 3,200 colleagues. We have 25 factories grouped into what we call manufacturing clusters. You see on this map, the five manufacturing clusters we have in Europe. And we also have in China, not a cluster, but a single unit. And that is, we call it the gateway, that is to help our customers to relocate manufacturing. to China for manufacturing in China for China and also back to Europe. Another feature of Hansa is that we have something called MIG we help our cus...